Netstreit price target raised to $24 from $22 at Cantor Fitzgerald

Cantor Fitzgerald raised the firm’s price target on Netstreit (NTST) to $24 from $22 and keeps an Overweight rating on the shares. Netstreit’s investment outlook continues to strengthen, with net investment guidance raised to $400M-$600M and a pipeline that appears fully funded, the analyst tells investors in a research note. Despite modest AFFO guidance improvements being partially offset by dilution from equity issuance, the portfolio remains fully leased with no notable credit issues, supporting a constructive overall setup and potential for further upside revisions through the year, the firm says.